TROY — The city of Troy’s Community Improvement Corp. will seek realtors to sell the house and outbuildings from the city’s Huelskamp Farm.
On Thursday, the CIC accepted the agreement and quit claim deed from the city of Troy for the 1.447-acre parcel at 2290 Troy Sidney Road property adjacent to the Paul G. Duke Park.
In 2016, the city of Troy paid Paul and Jill Huelskamp $1.5 million for the 118-acre farm for its land and buildings. The Miami County Park District purchased 40 acres of the property with the use of a $288,000 Clean Ohio Conservation Fund which is now in conservation for river and water protection along the Great Miami River. The city also received $300,000 grants each from the Paul G. Duke Foundation and The Robinson Fund.
The city replated the parcel and the house and barns are located on 1.447 acres. The homesite was appraised at $260,000 in 2015. The city listed the property twice to the public to be sold for no less than $250,000 by bid, but was unsuccessful. Using the CIC, the property can be listed and sold more easily than with the city’s bid restrictions.
The CIC can select its own realtor. Troy Development Council and Chamber President Joey Graves said the chamber had several realtors in its organization. The city’s Director of Public Service and Safety Patrick Titterington, a member of the CIC, also said the CIC could solicit proposals from local realtors to narrow down the pool of interested parties. During a city council meeting in April 2019, Titterington said the home site and barns on the property do not serve the park department’s needs. The funds from the sale of the property will return to the park fund, according to previous reports.